Recognizing that certain members of our community need special assistance and protection, the Los Angeles financial elder Abuse litigation attorneys at Valerie F. Horn & Associates, APLC, possess the requisite legal skill to effectively represent the interests of seniors and their families who have been victims of elder abuse.
One of the fastest growing populations in society, elders are particularly vulnerable to manipulation and deception. The money and property they accumulated over a lifetime makes them a ripe target to the unscrupulous. Taking advantage of elderly people is unconscionable and can be devastating.
Elder Fraud Risk Factors
The perpetrators of elder abuse often come in the form of caretaker, relative, or friend who often manipulate the elderly through feigned affection. Sometimes it is a caretaker or relative who entices the elderly person to change a will or reconfigure a trust. The offender may be a contractor who agrees to repair a retired person’s home, only to place hundreds of thousands of dollars of liens for unnecessary and unwanted work. The offender may be an accountant or investment advisor who gain access to the elderly person’s financial condition and use that information to exploit the elderly.
The elderly tend to be easy prey for financial exploitation. Some are simply naïve and trust strangers, neighbors, caregivers and family members too readily, without examining a proposal, contract or transaction objectively. Abuse of an older person’s trust may involve shady investment deals that threaten an elder’s life savings.
Make Wise Decisions in Financial Elder Abuse
Some old people who fall into scams have impaired judgment. Many are physically weak, hard of hearing or experiencing dementia. They often find it difficult to make wise decisions about their own homes, health and financial affairs. They may be fighting fiercely to preserve their independence and as a result, are too proud to accept help. As a result of one or more of these factors, they sign documents, enter into contracts and make promises based on misleading or misguided notions that bear little resemblance to suitability principles.
Call Our Los Angeles Financial Elder Abuse Litigation Lawyer Now
In California, the legislature has enacted special elder statutes to protect this particularly vulnerable class and our Los Angeles financial elder Abuse litigation attorneys are committed to maximizing these laws to protect the elderly members of our community.